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MN Regular Public School District 8 Schools

Sauk Rapids-Rice Public Schools

SAUK RAPIDS, MN 56379 • Benton County • 8 Operating Schools
(320) 253-4703
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,352 students
Census F-33 • FY 2024
Total Revenue
$77,436,000
Total Expenditure
$75,582,000
Classroom Instruction
$39,833,000
Outstanding Debt
$49,785,000

Revenue Sources

State Government Funds: $54,058,000 (69.8%) Local Taxes & Fees: $16,881,000 (21.8%) Federal Aid: $6,497,000 (8.4%)
State Government Funds $54,058,000 69.8%
Local Taxes & Fees $16,881,000 21.8%
Federal Aid $6,497,000 8.4%
Total Revenue $77,436,000 100.0%

Expenditure Allocation

Classroom Instruction: $39,833,000 (52.7%) Support Services: $20,407,000 (27%) Capital Outlays: $7,095,000 (9.4%) Other / Operations: $8,247,000 (10.9%)
Classroom Instruction $39,833,000 52.7%
Support Services $20,407,000 27%
Capital Outlays $7,095,000 9.4%
Other / Operations $8,247,000 10.9%
Total Expenditure $75,582,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $13,572$13,572FY 2020 Expenditure/Student: $14,369$14,369FY 20204,579 stdsFY 2021 Revenue/Student: $14,476$14,476FY 2021 Expenditure/Student: $17,191$17,191FY 20214,475 stdsFY 2022 Revenue/Student: $15,462$15,462FY 2022 Expenditure/Student: $20,104$20,104FY 20224,364 stdsFY 2023 Revenue/Student: $16,043$16,043FY 2023 Expenditure/Student: $16,572$16,572FY 20234,423 stdsFY 2024 Revenue/Student: $17,793$17,793FY 2024 Expenditure/Student: $17,367$17,367FY 20244,352 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,104

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,352 $77,436,000 $75,582,000 $39,833,000 $7,095,000 $49,785,000
FY 2023 4,423 $70,959,000 $73,297,000 $37,734,000 $9,635,000 $55,598,000
FY 2022 4,364 $67,475,000 $87,734,000 $37,176,000 $24,415,000 $59,838,000
FY 2021 4,475 $64,779,000 $76,929,000 $36,036,000 $17,740,000 $64,080,000
FY 2020 4,579 $62,147,000 $65,795,000 $32,140,000 $10,261,000 $62,450,000